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11988 Wisconsin St
B+ Composite 77.46
Why this score? — see what drove the B+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +30.0/30.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Appreciation +10.0/10.0
  • ARV discount +7.5/15.0
  • Livability +3.7/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Schools +1.3/10.0

$64,500

11988 Wisconsin St · Detroit, MI 48204
3 bd · 1.0 ba · 1,032 sqft · SingleFamily public records · 126 Days on market
Built 1924 3,485 sqft lot $62/sqft · 52% above area ↓ 13% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to 11988 Wisconsin Street, a beautifully renovated Detroit home offering strong potential for both homeowners and investors alike. This property features a functional layout with generously sized rooms, abundant natural light, and classic character throughout. With a spacious living area, well-proportioned bedrooms, and a full basement providing ample storage or future finishing options, the home offers flexibility to make it your own. Conveniently located near major roadways, local amenities, and neighborhood redevelopment, this is a great opportunity to own in an area with continued upside and long-term value.

Key facts

  • Renovated home
  • Spacious living area
  • Full basement

Tags

RENOVATED HOMEFUNCTIONAL LAYOUTSPACIOUS LIVING AREAFULL BASEMENTAMPLE STORAGE

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/1.0-bath single-family listed at $64k.

Deal economics

  • At list price, monthly cash flow is $490 ($6k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $64k).
  • Recommended offer: $57k (12.0% below list) — sets the bar for market timing.
  • Cap rate 15.4% vs local median 10.2% in Detroit — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 73/100 on livability (#218 in MI) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools F, crime F, employment F.
  • Detroit Public Schools Community District (urban): math 10% / reading 24% proficiency, ranked #499 of 540 in MI (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 90% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: 244 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
  • This rent runs 40% of the median local income ($34k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • In year one you build about $7k of equity ($446 loan paydown + $6k appreciation (10.0% local appreciation)).
  • Wayne County population projected at -17% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
  • At projected returns (10.0% appreciation + 3.0% rent growth), your $18k cash investment doubles in ~2 years — after that, you're playing with house money.
  • By year 5, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 126 days — a 12% lower offer ($57k) is reasonable based on typical stale-listing flexibility.
  • 16 sale attempts since 3y ago; this cycle's ask has dropped $6k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $35k; list at $64k implies a 84% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: built in 1924 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $56,760 (12.0% below list)

Questions for the listing agent

  1. It's been on market 126 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Built in 1924 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
1.80%
Cap rate
15.42%
Cash-on-cash
32.58%
DSCR
2.45
GRM
4.6

CMA / ARV

ARV (median comp)
$42,493
List price
$64,500
Delta
51.79%
Verdict
OVERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
12440 Mendota St 0.44mi 3/1.0 1,035 (+0%) 2mo $39,999 $39 78
11717 Kentucky St 0.24mi 2/1.0 (-1) 1,034 (+0%) 14mo $13,000 $13 72
11642 Griggs St 0.41mi 2/1.0 (-1) 1,056 (+2%) 7mo $9,000 $9 66
8691 Elmira St 0.49mi 3/1.0 1,001 (-3%) 10mo $35,000 $35 64
12740 Mendota St 0.53mi 3/1.0 972 (-6%) 6mo $90,000 $93 60
11437 Manor St 0.70mi 3/1.0 1,006 (-2%) 5mo $53,900 $54 59
12765 Wyoming Ave 0.38mi 3/1.0 928 (-10%) 10mo $35,000 $38 57
10300 Orangelawn St 0.70mi 3/1.0 1,092 (+6%) 4mo $52,000 $48 54
13124 Kentucky St 0.42mi 3/1.5 1,140 (+10%) 10mo $31,000 $27 53
11695 Kentucky St 0.26mi 2/1.5 (-1) 912 (-12%) 14mo $25,000 $27 50
10123 Crocuslawn St 0.75mi 3/1.0 1,107 (+7%) 7mo $104,999 $95 47
10342 Cedarlawn St 0.52mi 4/1.0 (+1) 1,174 (+14%) 15mo $125,000 $106 35

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
49.2%
Equity multiple
4.67×
Total profit
$66,367
Equity at exit
$58,107
10-year hold
IRR
42.9%
Equity multiple
10.46×
Total profit
$170,893
Equity at exit
$125,309

Cash invested: $18,060 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
62 Landlord-Friendly
State Michigan
62 Landlord-Friendly · EVEN
County
— inherits STATE
City
— inherits STATE
7-day pay-or-quit; mixed climate; Detroit/AA have some protections.

ZIP-level market 48204

Home prices YoY
18.5%
Active inventory
244
Price-to-rent
4.6×

Monthly cashflow live

Estimated rent
$1,163 high interval (Pro) →
Mortgage (P&I)
$338
Tax from tax record
$63 /mo · $761/yr
Insurance
$27
HOA
$0
Vacancy / Maint / Mgmt
$244
Net cashflow
$490

Break-even live

Break-even rent $542
Max offer price $64,500
Occupancy floor 53%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$16,125
Closing costs
$1,935
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
12144 Washburn St Detroit, MI 3.0 1.0 1200 $1,200 $1.00 14d 1 0.18mi
12303 Cloverlawn St Detroit, MI 3.0 1.5 1454 $1,400 $0.96 43d 1 0.23mi
12703 Northlawn St Detroit, MI 2.0 1.0 1365 $1,053 $0.77 20d 1 0.34mi
12468 Mendota St Detroit, MI 2.0 1.0 1100 $1,000 $0.91 24d 1 0.43mi
12468 Mendota St Detroit, MI 2.0 1.0 1100 $1,100 $1.00 43d 1 0.43mi
13620 Kentucky St Detroit, MI 3.0 1.0 1248 $1,200 $0.96 4d 1 0.69mi
12415 Monica St Detroit, MI 2.0 1.0 1000 $1,200 $1.20 43d 1 0.71mi
12775 Plymouth Rd Unit 16 Detroit, MI 2.0 1.0 1009 $825 $0.82 43d 1 0.75mi
10002 Manor Unit 1 Detroit, MI 2.0 1.0 1000 $1,050 $1.05 43d 1 0.76mi
10002 Manor Unit 2 Detroit, MI 3.0 1.0 1100 $1,150 $1.05 43d 1 0.76mi
10345 Crocuslawn Ave Unit 2 Detroit, MI 2.0 1.0 850 $950 $1.12 43d 1 0.76mi
12032 Santa Rosa Dr Unit 1 Detroit, MI 3.0 1.0 900 $1,423 $1.58 4d 1 0.78mi
12019 Stoepel St Detroit, MI 2.0 1.0 1000 $943 $0.94 4d 1 0.80mi
10359 Violetlawn St Unit 1 Detroit, MI 2.0 1.0 1200 $985 $0.82 43d 1 0.81mi
13979 Cherrylawn St Detroit, MI 3.0 1.0 1296 $1,334 $1.03 20d 1 0.82mi
12663 Stoepel St Detroit, MI 2.0 1.0 1100 $1,050 $0.95 21d 1 0.83mi
12663 Stoepel St Unit 1 Detroit, MI 2.0 1.0 750 $975 $1.30 17d 1 0.83mi
10303 Morley St #1 Detroit, MI 2.0 1.0 950 $950 $1.00 43d 1 0.84mi
2926 Ewald Cir Detroit, MI 2.0 1.0 800 $900 $1.12 17d 1 0.85mi
13620 Tuller St Detroit, MI 4.0 1.0 1064 $1,374 $1.29 12d 1 0.86mi
14011 Roselawn St Detroit, MI 4.0 1.5 1300 $1,450 $1.12 1d 1 0.88mi
14011 Roselawn St Detroit, MI 4.0 1.5 1300 $1,450 $1.12 17d 1 0.88mi
13965 Mendota St Detroit, MI 3.0 1.0 1222 $1,294 $1.06 17d 1 0.90mi
9353 Kentucky St Detroit, MI 2.0 1.0 800 $999 $1.25 17d 1 0.91mi
9558 Meyers Rd Detroit, MI 3.0 1.0 950 $1,150 $1.21 43d 1 0.97mi
14242 Ohio St Detroit, MI 4.0 1.0 1400 $1,000 $0.71 43d 1 1.00mi
9917 Woodside St Apt 1 Detroit, MI 2.0 1.0 800 $800 $1.00 43d 1 1.08mi
2690 Ewald Cir Detroit, MI 1.0–2.0 1.0 750 $900 $1.20 24d 4 1.11mi
4336 Buena Vista St Detroit, MI 3.0 1.0 1300 $1,100 $0.85 43d 1 1.12mi
9022 Northlawn St Detroit, MI 2.0 1.0 1100 $1,300 $1.18 24d 1 1.18mi
Ohio St Unit 4 Detroit, MI 4.0 1.5 1400 $750 $0.54 43d 1 1.19mi
4287 W Grand St Unit 4289 Detroit, MI 3.0 1.0 1250 $1,000 $0.80 43d 1 1.19mi
11704 Broadstreet Ave Detroit, MI 3.0 1.0 1200 $1,050 $0.88 43d 1 1.22mi
9789 Chenlot St Unit 1 Detroit, MI 2.0 1.0 1000 $1,000 $1.00 4d 1 1.22mi
4268 Cortland St Unit 1 Detroit, MI 2.0 1.0 1000 $1,050 $1.05 43d 1 1.23mi
4203 Tyler St Detroit, MI 2.0 1.0 950 $895 $0.94 43d 1 1.25mi
14550 Northlawn St Detroit, MI 3.0 2.0 950 $1,200 $1.26 16d 1 1.26mi
9355 Ward St Detroit, MI 3.0 1.0 1200 $1,327 $1.11 43d 1 1.27mi
14570 Cherrylawn St Detroit, MI 3.0 1.0 840 $1,250 $1.49 12d 1 1.27mi
13717 Keal St Detroit, MI 2.0 1.0 799 $1,000 $1.25 43d 1 1.32mi

Listing history 50 events

  1. 2026-04-16
    price $64,500 627-char remark
    Show marketing remark (627 chars)

    Welcome to 11988 Wisconsin Street, a beautifully renovated Detroit home offering strong potential for both homeowners and investors alike. This property features a functional layout with generously sized rooms, abundant natural light, and classic character throughout. With a spacious living area, well-proportioned bedrooms, and a full basement providing ample storage or future finishing options, the home offers flexibility to make it your own. Conveniently located near major roadways, local amenities, and neighborhood redevelopment, this is a great opportunity to own in an area with continued upside and long-term value.

  2. 2026-04-16
    price $64,500 627-char remark
    Show marketing remark (627 chars)

    Welcome to 11988 Wisconsin Street, a beautifully renovated Detroit home offering strong potential for both homeowners and investors alike. This property features a functional layout with generously sized rooms, abundant natural light, and classic character throughout. With a spacious living area, well-proportioned bedrooms, and a full basement providing ample storage or future finishing options, the home offers flexibility to make it your own. Conveniently located near major roadways, local amenities, and neighborhood redevelopment, this is a great opportunity to own in an area with continued upside and long-term value.

  3. 2026-03-10
    price $66,000 627-char remark
    Show marketing remark (627 chars)

    Welcome to 11988 Wisconsin Street, a beautifully renovated Detroit home offering strong potential for both homeowners and investors alike. This property features a functional layout with generously sized rooms, abundant natural light, and classic character throughout. With a spacious living area, well-proportioned bedrooms, and a full basement providing ample storage or future finishing options, the home offers flexibility to make it your own. Conveniently located near major roadways, local amenities, and neighborhood redevelopment, this is a great opportunity to own in an area with continued upside and long-term value.

  4. 2026-03-10
    price $66,000 627-char remark
    Show marketing remark (627 chars)

    Welcome to 11988 Wisconsin Street, a beautifully renovated Detroit home offering strong potential for both homeowners and investors alike. This property features a functional layout with generously sized rooms, abundant natural light, and classic character throughout. With a spacious living area, well-proportioned bedrooms, and a full basement providing ample storage or future finishing options, the home offers flexibility to make it your own. Conveniently located near major roadways, local amenities, and neighborhood redevelopment, this is a great opportunity to own in an area with continued upside and long-term value.

  5. 2026-02-25
    price $67,500 627-char remark
    Show marketing remark (627 chars)

    Welcome to 11988 Wisconsin Street, a beautifully renovated Detroit home offering strong potential for both homeowners and investors alike. This property features a functional layout with generously sized rooms, abundant natural light, and classic character throughout. With a spacious living area, well-proportioned bedrooms, and a full basement providing ample storage or future finishing options, the home offers flexibility to make it your own. Conveniently located near major roadways, local amenities, and neighborhood redevelopment, this is a great opportunity to own in an area with continued upside and long-term value.

  6. 2026-02-25
    price $67,500 627-char remark
    Show marketing remark (627 chars)

    Welcome to 11988 Wisconsin Street, a beautifully renovated Detroit home offering strong potential for both homeowners and investors alike. This property features a functional layout with generously sized rooms, abundant natural light, and classic character throughout. With a spacious living area, well-proportioned bedrooms, and a full basement providing ample storage or future finishing options, the home offers flexibility to make it your own. Conveniently located near major roadways, local amenities, and neighborhood redevelopment, this is a great opportunity to own in an area with continued upside and long-term value.

  7. 2026-02-12
    price $68,500 627-char remark
    Show marketing remark (627 chars)

    Welcome to 11988 Wisconsin Street, a beautifully renovated Detroit home offering strong potential for both homeowners and investors alike. This property features a functional layout with generously sized rooms, abundant natural light, and classic character throughout. With a spacious living area, well-proportioned bedrooms, and a full basement providing ample storage or future finishing options, the home offers flexibility to make it your own. Conveniently located near major roadways, local amenities, and neighborhood redevelopment, this is a great opportunity to own in an area with continued upside and long-term value.

  8. 2026-02-12
    price $68,500 627-char remark
    Show marketing remark (627 chars)

    Welcome to 11988 Wisconsin Street, a beautifully renovated Detroit home offering strong potential for both homeowners and investors alike. This property features a functional layout with generously sized rooms, abundant natural light, and classic character throughout. With a spacious living area, well-proportioned bedrooms, and a full basement providing ample storage or future finishing options, the home offers flexibility to make it your own. Conveniently located near major roadways, local amenities, and neighborhood redevelopment, this is a great opportunity to own in an area with continued upside and long-term value.

  9. 2026-01-22
    listed $70,000 Active 627-char remark
    Show marketing remark (627 chars)

    Welcome to 11988 Wisconsin Street, a beautifully renovated Detroit home offering strong potential for both homeowners and investors alike. This property features a functional layout with generously sized rooms, abundant natural light, and classic character throughout. With a spacious living area, well-proportioned bedrooms, and a full basement providing ample storage or future finishing options, the home offers flexibility to make it your own. Conveniently located near major roadways, local amenities, and neighborhood redevelopment, this is a great opportunity to own in an area with continued upside and long-term value.

  10. 2026-01-22
    listed $70,000 Active 627-char remark
    Show marketing remark (627 chars)

    Welcome to 11988 Wisconsin Street, a beautifully renovated Detroit home offering strong potential for both homeowners and investors alike. This property features a functional layout with generously sized rooms, abundant natural light, and classic character throughout. With a spacious living area, well-proportioned bedrooms, and a full basement providing ample storage or future finishing options, the home offers flexibility to make it your own. Conveniently located near major roadways, local amenities, and neighborhood redevelopment, this is a great opportunity to own in an area with continued upside and long-term value.

  11. 2025-03-31
    historical
  12. 2025-03-31
    historical
  13. 2025-01-21
    price $78,900
  14. 2025-01-21
    price $78,900
  15. 2024-11-22
    status Active
  16. 2024-11-22
    status Active
  17. 2024-11-18
    status Pending
  18. 2024-11-18
    status Pending
  19. 2024-11-08
    status Active
  20. 2024-11-08
    status Active
  21. 2024-10-10
    status Pending
  22. 2024-10-10
    status Pending
  23. 2024-10-02
    price $79,900
  24. 2024-10-02
    price $79,900
  25. 2024-06-20
    listed $84,900 Active
  26. 2024-06-20
    listed $84,900 Active
  27. 2024-06-18
    historical
  28. 2024-06-18
    historical
  29. 2024-05-31
    price $93,900
  30. 2024-05-30
    price $93,900
  31. 2024-04-25
    listed $94,900 Active
  32. 2024-04-25
    listed $94,900 Active
  33. 2024-04-12
    historical
  34. 2024-04-12
    historical
  35. 2024-02-08
    price $84,900
  36. 2024-02-07
    price $84,900
  37. 2024-01-13
    price $89,800
  38. 2024-01-12
    price $89,800
  39. 2023-11-18
    price $89,900
  40. 2023-11-17
    price $89,900
  41. 2023-10-27
    listed $90,000 Active
  42. 2023-10-27
    listed $90,000 Active
  43. 2023-08-21
    status Pending
  44. 2023-08-18
    soldstatus $35,000 Sold
  45. 2023-08-18
    soldstatus $35,000 Closed
  46. 2023-08-01
    price $37,000
  47. 2023-08-01
    price $37,000
  48. 2023-07-19
    historical
  49. 2023-07-19
    listed $45,000 Active
  50. 2023-07-19
    historical

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MI · Partial reset (capped growth)

Current annual tax
$761 · $63/mo
Projected year-2 tax
$877 · $73/mo
Expected delta
+$116/yr (+$10/mo · 15.2%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 3/10 Moderate 7 d/yr ≥97°F today · 15 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low
  • 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 5 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$13,958
− Mortgage interest
−$3,613
− Property taxes
−$761
− Insurance
−$322
− Repairs & maintenance
−$1,117
− Management
−$1,117
− Depreciation
−$1,876
Taxable income
$5,152
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,236
After-tax cash flow
$4,648/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Detroit Public Schools Community District
NCES district ID
2601103
Math proficiency
10% ▼ -2.00%
Reading proficiency
24% ▲ 6.00%
Median HH income
$25,815
Composite
13.06/100
National rank
#9564
State rank
#499 of 540 in MI

Livability — Detroit

Score
73/100
State rank
#218
US rank
#5427

Category grades

Amenities A+ Commute A+ Cost of living A+ Crime F Employment F Housing A+ Health & safety B- User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Detroit, MI
County
Wayne County · 1,562,939 people
City population
572,865
Metro
Detroit-Warren-Dearborn, MI
Population (ZIP)
20,696
Household income
$34,468
Rent vs Own
45.0% rent · 55.0% own
Severe rent burden
1418.0

Population outlook (Wayne County) Hauer SSP2

Today (2025)
1,675,273 people
By 2030
1,620,300 · -3.3%
By 2040
1,502,341 · -10.3%
By 2050
1,384,039 · -17.4%
By 2075
1,124,592 · -32.9%
By 2100
881,193 · -47.4%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly Black (86%)
Race & ethnicity
Black 86% Two or more races 7% Hispanic / Latino 5% White 4% Native American 2%
Hispanic origin (detail)
Mexican 4%
Common ancestry
Hispanic 1% Romanian 1%
Foreign-born
2% · Canada
Languages at home
95% English-only · Spanish 4%

Political lean MEDSL · Wayne

2024 margin
Strong D (+29.0) · D 62.7% · R 33.7% · Other 3.6%
2008→2024 swing
-20.5pp toward R · 2008: 49.5pp · 2024: 29.0pp
All cycles
2024: D+29.0 2020: D+38.1 2016: D+37.3 2012: D+46.9 2008: D+49.5

Not yet ingested

Civics

Market trends

HPI YoY
▲ 36.51%
Current HPI
234.0465
Rent YoY
Metro
Detroit-Warren-Dearborn, MI
State GDP YoY
▲ 1.37%
F500 in state
28

Industry mix (Fortune 500 HQ in MI)

Industry F500 HQs Revenue

Price history

-12.8% since first listed
57 events — show timeline
  • 2026-04-16 Price Changed $64,500 MiRealSource-MiMLS
  • 2026-04-16 Price Changed $64,500 REALCOMP
  • 2026-03-10 Price Changed $66,000 MiRealSource-MiMLS
  • 2026-03-10 Price Changed $66,000 REALCOMP
  • 2026-02-25 Price Changed $67,500 MiRealSource-MiMLS
  • 2026-02-25 Price Changed $67,500 REALCOMP
  • 2026-02-12 Price Changed $68,500 MiRealSource-MiMLS
  • 2026-02-12 Price Changed $68,500 REALCOMP
  • 2026-01-22 Listed $70,000 REALCOMP
  • 2026-01-22 Listed $70,000 MiRealSource-MiMLS
  • 2025-03-31 Listing Removed MiRealSource-MiMLS
  • 2025-03-31 Listing Removed REALCOMP
  • 2025-01-21 Price Changed $78,900 MiRealSource-MiMLS
  • 2025-01-21 Price Changed $78,900 REALCOMP
  • 2024-11-22 Relisted REALCOMP
  • 2024-11-22 Relisted MiRealSource-MiMLS
  • 2024-11-18 Pending MiRealSource-MiMLS
  • 2024-11-18 Pending REALCOMP
  • 2024-11-08 Relisted REALCOMP
  • 2024-11-08 Relisted MiRealSource-MiMLS
  • 2024-10-10 Pending MiRealSource-MiMLS
  • 2024-10-10 Pending REALCOMP
  • 2024-10-02 Price Changed $79,900 MiRealSource-MiMLS
  • 2024-10-02 Price Changed $79,900 REALCOMP
  • 2024-06-20 Listed $84,900 MiRealSource-MiMLS
  • 2024-06-20 Listed $84,900 REALCOMP
  • 2024-06-18 Listing Removed MiRealSource-MiMLS
  • 2024-06-18 Listing Removed REALCOMP
  • 2024-05-31 Price Changed $93,900 MiRealSource-MiMLS
  • 2024-05-30 Price Changed $93,900 REALCOMP
  • 2024-04-25 Listed $94,900 MiRealSource-MiMLS
  • 2024-04-25 Listed $94,900 REALCOMP
  • 2024-04-12 Listing Removed MiRealSource-MiMLS
  • 2024-04-12 Listing Removed REALCOMP
  • 2024-02-08 Price Changed $84,900 MiRealSource-MiMLS
  • 2024-02-07 Price Changed $84,900 REALCOMP
  • 2024-01-13 Price Changed $89,800 MiRealSource-MiMLS
  • 2024-01-12 Price Changed $89,800 REALCOMP
  • 2023-11-18 Price Changed $89,900 MiRealSource-MiMLS
  • 2023-11-17 Price Changed $89,900 REALCOMP
  • 2023-10-27 Listed $90,000 MiRealSource-MiMLS
  • 2023-10-27 Listed $90,000 REALCOMP
  • 2023-08-21 Pending REALCOMP
  • 2023-08-18 Sold (MLS) $35,000 MiRealSource-MiMLS
  • 2023-08-18 Sold (MLS) $35,000 REALCOMP
  • 2023-08-01 Price Changed $37,000 MiRealSource-MiMLS
  • 2023-08-01 Price Changed $37,000 REALCOMP
  • 2023-07-19 Listing Removed MiRealSource-MiMLS
  • 2023-07-19 Listed $45,000 MiRealSource-MiMLS
  • 2023-07-19 Listing Removed REALCOMP
  • 2023-07-19 Listed $45,000 REALCOMP
  • 2023-07-12 Price Changed $55,000 MiRealSource-MiMLS
  • 2023-07-12 Price Changed $55,000 REALCOMP
  • 2023-06-28 Price Changed $65,000 MiRealSource-MiMLS
  • 2023-06-28 Price Changed $65,000 REALCOMP
  • 2023-06-16 Listed $74,000 MiRealSource-MiMLS
  • 2023-06-16 Listed $74,000 REALCOMP

Property tax history

-3.5%/yr

Latest (2025): $761 · -53.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…